New Mexico 2021 Regular Session Status: Enacted 1 D cosponsors

SB 70 — PUBLIC PROJECT REVOLVING FUND APPROPRIATIONS

Last action — Signed

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 19, 2021. Enacted.

Prognosis

Advancing 52% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

52 added · 71 removed

Plain-language change summary

The updated version of Bill SB 70 includes specific appropriations from the public project revolving fund to support several initiatives, including $2.5 million for the drinking water state revolving loan fund and $2 million for the local government planning fund. These changes clarify how the funds will be spent, ensuring that financial resources will directly support essential projects related to drinking water, infrastructure, and wastewater management. This is important as it addresses critical needs for safe drinking water and local planning, promoting public health and community development.

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SENATE BILL 70 55TH LEGISLATURE -STATEOFNEWMEXICO- FIRST SESSION, 2021 INTRODUCED BY Michael Padilla 6 ENDORSED BY THE NEW MEXICO FINANCE AUTHORITY OVERSIGHT COMMITTEE 10 AN ACT MAKING APPROPRIATIONS FROM THE PUBLIC PROJECT REVOLVING FUND TO THE DRINKING WATER STATE REVOLVING LOAN FUND, THE LOCAL GOVERNMENT PLANNING FUND, THE WASTEWATER FACILITY CONSTRUCTION LOAN FUND AND THE CULTURAL AFFAIRS FACILITIES INFRASTRUCTURE FUND.
AN ACT MAKING APPROPRIATIONS FROM THE PUBLIC PROJECT REVOLVING FUND TO THE DRINKING WATER STATE REVOLVING LOAN FUND, THE LOCAL GOVERNMENT PLANNING FUND, THE WASTEWATER FACILITY CONSTRUCTION LOAN FUND AND THE CULTURAL AFFAIRS FACILITIES INFRASTRUCTURE FUND.
e t 17 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
8 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
w l n d 18 SECTION 1.
SECTION 1.
APPROPRIATIONS.-- = = 19 a l A.
APPROPRIATIONS.-- A.
The following amounts are appropriated from the i a e r 20 public project revolving fund to the following funds:
The following amounts are appropriated from the public project revolving fund to the following funds:
a t m m 21 (1) two million five hundred thousand dollars d r e 22 ($2,500,000) to the drinking water state revolving loan fund c e s k 23 for expenditure in fiscal year 2022 and subsequent fiscal years e a n b 24 to provide state matching funds for federal Safe Drinking Water u [ Act of 1974 projects and to carry out the purposes of the .218568.1SA Drinking Water State Revolving Loan Fund Act;
(1) two million five hundred thousand dollars ($2,500,000) to the drinking water state revolving loan fund for expenditure in fiscal year 2022 and subsequent fiscal years to provide state matching funds for federal Safe Drinking Water Act of 1974 projects and to carry out the purposes of the Drinking Water State Revolving Loan Fund Act;
or to develop water conservation plans, long-term master plans, economic development plans or energy audits;
or to develop water conservation plans, long-term master plans, economic SB 70 Page 1 development plans or energy audits;
(3) one million eight hundred thousand dollars ($1,800,000) to the wastewater facility construction loan fund pursuant to Section 6-21-6.1 NMSA 1978 for expenditure in fiscal year 2022 and subsequent fiscal years to provide state matching funds for federal Clean Water Act of 1977 projects and e t 17 to carry out the purposes of the Wastewater Facility w l n d 18 Construction Loan Act;
(3) one million eight hundred thousand dollars ($1,800,000) to the wastewater facility construction loan fund pursuant to Section 6-21-6.1 NMSA 1978 for expenditure in fiscal year 2022 and subsequent fiscal years to provide state matching funds for federal Clean Water Act of 1977 projects and to carry out the purposes of the Wastewater Facility Construction Loan Act;
and = = 19 a l (4) five million dollars ($5,000,000) to the i a e r 20 cultural affairs facilities infrastructure fund for expenditure a t m m 21 in fiscal year 2022 and subsequent fiscal years to carry out d r e 22 the purposes of the fund.
and (4) five million dollars ($5,000,000) to the cultural affairs facilities infrastructure fund for expenditure in fiscal year 2022 and subsequent fiscal years to carry out the purposes of the fund.
c e s k 23 B.
B.
Any unexpended or unencumbered balance remaining e a n b 24 at the end of a fiscal year shall not revert to the public u [ project revolving fund.
Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the public project revolving fund.
.218568.1SA - 2 -
SB 70 Page 2 25
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Action History

  1. Signed

  2. passed House

  3. DO PASS committee report adopted

  4. Sent to House Appropriations & Finance Committee

  5. passed Senate

  6. DO PASS committee report adopted

  7. DO PASS committee report adopted

  8. Sent to Senate Indian, Rural and Cultural Affairs Committee & Senate Finance Committee

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 111 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (111)

111 members have not signed on to this bill.

Show all 111 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 70?
SB 70 is sponsored by Michael Padilla (Democrat).
What is the current status of SB 70?
This bill has been enacted into law. Introduced January 19, 2021. Enacted.
Where can I track SB 70?
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